Reinsurance News
In a recent Reinsurance News interview, Jonathan Gale, Chief Underwriting Officer (CUO) at AXA XL Re, shared his insights on market dynamics, challenges, and opportunities for 2026. Gale oversees underwriting strategy and risk selection across all...
Posted: Dec 16, 2025
Global insurance and reinsurance broker BMS Group Ltd has officially launched BMS (DIFC) Ltd after the receipt of all necessary Licence and Regulatory Approval. The specialist re/insurance broker launched its Middle East operation with the acquisi...
Posted: Dec 16, 2025
Global insurer American International Group (AIG) has announced the appointment of Adam Clifford as Chief Executive Officer (CEO), International Commercial Insurance, effective January 5, 2026. Based in London, Clifford will leverage his nearly 30...
Posted: Dec 16, 2025
Specialty insurer Beazley has announced the appointment of Nat Cross to the newly created role of Head of Digital Follow Underwriting, effective 1st February 2026. Since the launch of its dedicated follow syndicate, Smart Tracker 5623, in 2018, Be...
Posted: Dec 16, 2025
2025 insurance and reinsurance industry losses from natural catastrophes are expected to exceed $100 billion for the sixth consecutive year, but at an estimated $107 billion, the total is 24% lower than the $141 billion seen in 2024, and 3% below...
Posted: Dec 16, 2025
Hamilton Insurance Group, Ltd, a specialty re/insurance company, has appointed Dwayne Hunt as Senior Vice President and Head of Property Insurance at Hamilton Re, its Bermuda-based underwriting platform, effective immediately, replacing Gavin Davi...
Posted: Dec 16, 2025
The Bondi Beach attack on December 14th has been declared a terrorism incident for insurance purposes under the Terrorism and Cyclone Insurance Act 2003 (TCI Act), activating the Terrorism Reinsurance Pool (TRP) as the Insurance Council of Austral...
Posted: Dec 16, 2025
XS Global, an independently owned managing general underwriting (MGU) platform, has expanded into the Asia Pacific region with the launch of XS Global Asia Pacific Ltd (XSGAP) in Hong Kong, with the office being led by APAC CEO and XS Global Execu...
Posted: Dec 16, 2025
South Korea’s financial authorities have relaxed regulations on discount rates, a move expected to ease solvency pressures for the country’s non-life insurers, according to credit rating agency AM Best. Declining market interest rates, combined wi...
Posted: Dec 16, 2025
Tokio Marine Kiln (TMK), a global specialty insurer, has appointed Harry Gregory as an Underwriter within its Liability team, effective immediately. In the new role, he will report to Oliver Delaney, Departmental Head of Liability, and be responsi...
Posted: Dec 16, 2025
Half of managing general agents (MGAs) are at the start of their digital/API transformation journey, according to new data by Root Platform, the API-first core platform for delegated authority insurance business. A recent poll taken by senior lead...
Posted: Dec 15, 2025
MNK International, part of the MNK Group and an independent Lloyd’s broker, has announced the appointment of Naman Kumar as Chief Executive Officer (CEO). Naman brings a distinguished career marked by transformative leadership across leading insti...
Posted: Dec 15, 2025
WTW, a global advisory, broking, and solutions company, reports that US commercial insurance rates rose by 3.8% in the third quarter of 2025, continuing the easing trend observed earlier in the year. This follows increases of 3.8% in Q2 2025 and 5...
Posted: Dec 15, 2025
Global reinsurer PartnerRe has announced the appointment of Mark DiTaranto as its new Global Head of Claims. DiTaranto joins PartnerRe from AXA XL, where spent nine years of his career, most recently as Global Head of Claims – Reinsurance. H...
Posted: Dec 15, 2025
Michael van der Straaten, CEO of Antares Global, a London-based specialty insurer, offers his outlook on the specialty re/insurance market in 2026, examining the factors likely to influence underwriting practices and the broader evolution of busin...
Posted: Dec 15, 2025
Specialist insurer Beazley has secured $300 million of cyber reinsurance protection with its latest cyber catastrophe bond, PoleStar Re Ltd. (Series 2026-1). This is the fourth and largest 144A cyber catastrophe bond sponsored by Beazley under Pol...
Posted: Dec 15, 2025
American International Group, Inc. (AIG), an insurance organisation serving commercial, institutional, and individual clients, has announced the appointment of Scott Leney as Regional President, AIG Asia Pacific. In this position, Leney will have...
Posted: Dec 15, 2025
Abu Dhabi, led by the Abu Dhabi Department of Economic Development (ADDED) and the Abu Dhabi Investment Office (ADIO), has introduced the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster — a coordinated initiative designed to acce...
Posted: Dec 15, 2025
Nick Hankin has been appointed as Managing Director of QBE Re, the reinsurance arm of QBE Insurance Group, effective from 1st January 2026. Hankin, who currently serves as Chief Underwriting Officer (CUO) of QBE International, succeeds Chris Killo...
Posted: Dec 15, 2025
Swiss Re, a global provider of reinsurance, insurance, and risk solutions, has announced a series of leadership changes within its Life & Health (L&H) Europe business. The announcement outlines new appointments and role transitions designe...
Posted: Dec 15, 2025
At year-end 2025, Stephan Wirz, Chief Business Officer and Member of the Board of Management at leading European reinsurer VIG Re, said the biggest challenge the re/insurance market faces is “to retain the credibility of our industry” and demonstr...
Posted: Dec 15, 2025
International law firm DAC Beachcroft, known for its work across insurance, health, real estate and commercial risk, reports that 2026 is likely to bring significant developments in both PFAS-related claims and regulatory timetables. Their analysi...
Posted: Dec 15, 2025
Large US insurer Chubb has announced the appointment of Chris Colahan as Head of Commercial Property & Casualty, Asia Pacific, taking effect on 9 February 2026. In this position, Colahan will oversee the strategy and performance of Chubb’s Com...
Posted: Dec 15, 2025
Howden Group, the global insurance intermediary, has completed a c.US$3bn equivalent refinancing and increase of its USD and EUR Term Loan B facilities, with the transaction closing on 11 December. The US$1.6bn USD Term Loan B facility was refinan...
Posted: Dec 15, 2025
PERILS, the Zurich-based catastrophe insurance data provider, has provided its first insurance industry loss estimate for the Australia East Coast Severe Convective Storms (SCS), which occurred in late October, of AUD 1.108 billion (USD 736m). On...
Posted: Dec 15, 2025